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which vote m3y be exercised or cast by the owner or owners
of each Private Dwelling in such manner as may be grovided
in the By-Larts hereafter adopted by the Corporation. Should
any member own more t~ian- one-Pr~.vate--Dwelli~ng, ~uch- member
shall be ent itled to exercise or cast as many votes as he
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own5 Private Dwellings, in the manner provided by said f
By-Laws. '
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5. Until such time as the property described in t
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ARTICLE II hereof and the improvements which may be here- ~
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after constructed thereon, are submitted to a plan of
Condominium ONnership by the recordation of said Declaration `
oi ~onaom~uiRUr,, ~~~~c ~~:~:~u~rs~:ip of the Corporation shall be
comprised of the Subscribers to these Articles, each of
which subscribers shall be entitled to cast one vote on all
matters on which the 1~~emberShip shall be entitled to vote. :
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ARTICI,E V
CORPOR.ATE E~ISTENCE
The Corporation shall have perpetual existence.
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ARTICLE VI ~
' DIRECTORS ~ ~
The affairs of the Corporation shall be managed bp the
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Presiden~ of the Corporation assisted by the Vice President,
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~ Secretary and Treasurer, and, if anp, the Assistant Secre- `
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taries and Assistant Tre~surers, subject to the directions ~
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E - of the Board of Directors. The Board of Directors or the ~
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; President, with the approval of the Boa o irec ors, may
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; employ a managing agent and/or such other managerial and ;
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` supervisory personnel or entities to administer or assist in
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the administration of the operation and management of INLET ~
~ HOUSE CONDCl~IIUIK APARTMENTS, INC . and the affairs of the
Corporation, and any such person or entitp may be so employed ~
' without regard to whether such person or entity is a member ;
" of the Corporation or a Di~ector or Officer of the Corporation,
as the case may be.
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